Securities practitioners and their related personnel shall not buy or sell stocks. According to Article 43 of the Securities Law of People's Republic of China (PRC), employees of stock exchanges, securities companies, securities registration and settlement institutions, staff of securities supervision and administration institutions and other personnel prohibited from participating in stock trading by laws and administrative regulations may not hold or buy or sell stocks directly or under a pseudonym or in the name of others during their term of office or within the statutory time limit.